Giants, Hunter Pence agree to five-year, $90 million extension

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UPDATE: Andrew Baggarly of CSNBayArea.com hears that Pence’s new deal will include a no-trade clause.

1:30 p.m. ET: Alex Pavlovic of the San Jose Mercury News reports that the two sides have agreed to a deal, pending a physical.

1:28 p.m. ET: FOX Sports’ Ken Rosenthal adds that it would be a five-year, $90 million deal.

1:18 p.m. ET: CBS Sports’ Jon Heyman reports that the Giants and Pence are “closing in” on a $90 million deal. The contract would carry an AAV (average annual value) of $18 million per season, topping Andre Ethier’s five-year, $85 million ($17 million AAV) extension from last year. Pence’s new deal will likely set the bar for free agent outfielders like Shin-Soo Choo and Jacoby Ellsbury this winter.

10:08 a.m. ET: Hunter Pence is poised to do quite well in free agency this winter, but it’s possible he’ll come to an agreement with the Giants before getting a chance to hit the open market.

In an unusual scene, Andrew Baggarly of CSNBayArea.com reports that Pence and Giants president Larry Baer had a long discussion in the clubhouse “within earshot of reporters” after last night’s game in which they appeared to be discussing a new contract. Baer merely said that he was congratulating Pence for winning the team’s Willie Mac Award, given annually to the team’s most inspirational player, but the impending free agent confirmed that the two sides are discussing a contract and that a deal could be imminent.

“They’re about to get back to me, seriously,” Pence said. “So we’re either really close or really far away.”

Like, close as in he could reach an agreement before everyone scatters for the winter on Sunday?

“Yeah,” Pence said. “I’ll know shortly. We’ll just say we’re talking, I guess.”

His quotes came hours after general manager Brian Sabean called re-signing Pence the first priority among the “heavy lifting” prior to the start of the free agency period. The club also hopes to retain Tim Lincecum and Javier Lopez.

Pence has enjoyed one of his best seasons this year, batting .282/.339/.481 with 26 home runs and 94 RBI over 160 games. The 30-year-old has previously said that he would pass up free agency to sign a multi-year deal with the Giants, but he’s obviously not going to come cheaply.

Giancarlo Stanton will defend his Home Run Derby title

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The Marlins announced on Sunday that outfielder Giancarlo Stanton will defend his Home Run Derby title when the city of Miami host’s the All-Star Game festivities next month.

Stanton, 27, defeated Todd Frazier in the finals of last year’s Home Run Derby at Petco Park, hitting 20 home runs to Frazier’s 13. Stanton hit a total of 61 home runs in the Derby. This will be the third Home Run Derby in which Stanton has participated.

Stanton also went 1-for-3 with a solo home run to help the Marlins defeat the Cubs 4-2 on Sunday. He’s now batting .274/.357/.551 with 20 home runs and 49 RBI in 311 plate appearances.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.